AeroVironment, Inc. (AVAV) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AVAV Revenue Growth
Revenue Breakdown (FY 2024)
AVAV's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AVAV Revenue Analysis (2014–2025)
As of May 7, 2026, AeroVironment, Inc. (AVAV) generated trailing twelve-month (TTM) revenue of $1.61 billion, reflecting explosive growth of +143.4% year-over-year. The most recent quarter (Q3 2026) recorded $408.0 million in revenue, down 13.6% sequentially.
Looking at the longer-term picture, AVAV's 5-year compound annual growth rate (CAGR) stands at +17.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $820.6 million in 2025, representing a new all-time high.
Revenue diversification analysis shows AVAV's business is primarily driven by Product sales (82%), and Contract services (18%). With over half of revenue concentrated in Product sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including KTOS (+21.8% YoY), RCAT (+239.9% YoY), and JOBY (+69873.9% YoY), AVAV has underperformed the peer group in terms of revenue growth. Compare AVAV vs KTOS →
AVAV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AVAVCurrent | $1.6B | +143.4% | +17.4% | 5.0% | |
 KTOS | $1.3B | +21.8% | +12.5% | 2.1% | |
 RCAT | $41M | +239.9% | +52.1% | -163.5% | |
 JOBY | $53M | +69873.9% | - | -1346.9% | |
 ACHR | $300,000 | - | - | -243100.0% | |
 LHX | $21.9B | +5.8% | +3.7% | 10.0% |
AVAV Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $820.6M | +14.5% | $322.9M | 39.4% | $40.8M | 5.0% |
| 2024 | $716.7M | +32.6% | $283.9M | 39.6% | $71.8M | 10.0% |
| 2023 | $540.5M | +21.3% | $173.5M | 32.1% | $-178,663,000 | -33.1% |
| 2022 | $445.7M | +12.9% | $141.2M | 31.7% | $-9,887,000 | -2.2% |
| 2021 | $394.9M | +7.5% | $164.6M | 41.7% | $43.3M | 11.0% |
| 2020 | $367.3M | +16.9% | $153.1M | 41.7% | $47.1M | 12.8% |
| 2019 | $314.3M | +17.1% | $128.4M | 40.9% | $33.8M | 10.8% |
| 2018 | $268.4M | +15.2% | $107.7M | 40.1% | $30.4M | 11.3% |
| 2017 | $233.1M | -0.3% | $97.4M | 41.8% | $20.8M | 8.9% |
| 2016 | $233.7M | -9.9% | $105.9M | 45.3% | $20.1M | 8.6% |
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Start ComparisonAVAV — Frequently Asked Questions
Quick answers to the most common questions about buying AVAV stock.
Is AVAV's revenue growth accelerating or slowing?
AVAV revenue is accelerating at +143.4% year-over-year, exceeding the 5-year CAGR of +17.4%. TTM revenue reached $1.6B. Growth momentum has increased versus prior periods.
What is AVAV's long-term revenue growth rate?
AeroVironment, Inc.'s 5-year revenue CAGR of +17.4% reflects the sustained expansion pattern. Current YoY growth of +143.4% is above this long-term average.
How is AVAV's revenue distributed by segment?
AVAV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.